Monthly unemployment levels in Iceland

Iceland: Monthly unemployment levels was 10.17 Persons in 2025. ▲ Rising

Latest (2025)
10.17 Persons
Change on year
up 27.1%
World rank
32nd
of 32 countries
All-time high
15.17 Persons
in 2010
All-time low
4.42 Persons
in 2007
Years of data
23
2003–2025

Monthly unemployment levels in Iceland, 2003–2025

57.51012.5152003201420252003: 5.6 Persons2004: 5.2 Persons2005: 4.8 Persons2006: 5.4 Persons2007: 4.4 Persons2008: 6 Persons2009: 14.5 Persons2010: 15.2 Persons2011: 13.9 Persons2012: 12.1 Persons2013: 10.9 Persons2014: 10 Persons2015: 8.8 Persons2016: 6.8 Persons2017: 6.5 Persons2018: 6.3 Persons2019: 8.1 Persons2020: 12.8 Persons2021: 12.2 Persons2022: 8 Persons2023: 7.6 Persons2024: 8 Persons2025: 10.2 Persons

Source: Organisation for Economic Co-operation and Development. Measured in Persons.

Analysis

The most recent figure for monthly unemployment levels in Iceland is 10.17 Persons, measured in 2025.

Compared with earlier readings it is up 27.1% on the previous year and up 16.2% over ten years.

Over the whole period, monthly unemployment levels in Iceland peaked at 15.17 Persons in 2010 and was at its lowest, 4.42 Persons, in 2007.

That places Iceland 32nd out of 32 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.55 Persons 4.42 Persons 14.5 Persons 7
2010s 9.86 Persons 6.33 Persons 15.17 Persons 10
2020s 9.78 Persons 7.58 Persons 12.75 Persons 6

Countries ranked near Iceland

  1. 29 Israel 134.28 Persons compare
  2. 30 Bulgaria 106.83 Persons compare
  3. 31 Luxembourg 22.92 Persons compare

See the full ranking of 45 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is monthly unemployment levels in Iceland?
Monthly unemployment levels in Iceland was 10.17 Persons in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest monthly unemployment levels recorded in Iceland?
The highest recorded value was 15.17 Persons in 2010.
What is the lowest monthly unemployment levels recorded in Iceland?
The lowest recorded value was 4.42 Persons in 2007.
How does Iceland rank for monthly unemployment levels?
Iceland ranks 32nd out of 32 countries with data for 2025.
Is monthly unemployment levels rising or falling in Iceland?
Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Monthly unemployment levels. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under OECD Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Monthly unemployment levels in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://labour.statizoid.com/stat/monthly-unemployment-levels/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/monthly-unemployment-levels/iceland/">Monthly unemployment levels in Iceland</a> — Statizoid

About this data

Indicator
Monthly unemployment levels
Unit
Persons
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,684 data points, 1955–2025
Last refreshed

The infra-annual dataflow on the monthly unemployed population is a subset of the infra-annual labour statistics database, which contains predominantly monthly and quarterly statistics on the unemployed population by age groups (15+, 15-24, 25-54, 55-64, 15-64 and 15-74 where available) and sex and associated statistical methodological information and associated statistical methodological information, for the OECD member countries and for selected other economies. Chile, Costa Rica, and the United Kingdom publish Labour Force Survey (LFS) data using a rolling quarter methodology. The OECD treats the middle month of the rolling quarter as the reference month. As a result, the publication of monthly LFS data for these countries may be delayed by one month or more relative to the OECD reference month. The unemployed are persons in their working age who, in the reference period, do not have a job; are available for work; and, have taken specific steps to find a job. The infra-annual labour statistics compiled for all OECD member countries, are drawn from Labour Force Surveys based on definition provided by the 19th Conference of Labour Statisticians in 2013. The uniform application of these definitions across all OECD member countries results in estimates that are internationally comparable.